Toyota Motor Co. (NYSE:TM) Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its position in Toyota Motor Co. (NYSE:TM - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 250,100 shares of the company's stock after selling 5,227 shares during the quarter. First Trust Advisors LP's holdings in Toyota Motor were worth $48,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of TM. Freedom Investment Management Inc. raised its holdings in Toyota Motor by 7.0% during the fourth quarter. Freedom Investment Management Inc. now owns 1,584 shares of the company's stock valued at $308,000 after acquiring an additional 104 shares during the period. Forum Financial Management LP grew its holdings in Toyota Motor by 29.9% during the 4th quarter. Forum Financial Management LP now owns 22,477 shares of the company's stock valued at $4,374,000 after buying an additional 5,180 shares in the last quarter. HITE Hedge Asset Management LLC lifted its holdings in shares of Toyota Motor by 46.8% in the fourth quarter. HITE Hedge Asset Management LLC now owns 152,749 shares of the company's stock worth $29,726,000 after buying an additional 48,699 shares in the last quarter. GeoWealth Management LLC boosted its position in shares of Toyota Motor by 60.6% during the fourth quarter. GeoWealth Management LLC now owns 1,113 shares of the company's stock worth $217,000 after acquiring an additional 420 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Toyota Motor by 20.5% in the 4th quarter. NewEdge Advisors LLC now owns 8,623 shares of the company's stock worth $1,678,000 after purchasing an additional 1,466 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Performance

NYSE TM traded up $0.74 during trading hours on Tuesday, reaching $193.87. The stock had a trading volume of 81,363 shares, compared to its average volume of 365,754. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. Toyota Motor Co. has a 52-week low of $155.00 and a 52-week high of $235.68. The stock has a fifty day moving average of $180.22 and a 200 day moving average of $180.13. The stock has a market cap of $261.22 billion, a P/E ratio of 8.01, a price-to-earnings-growth ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Sell-side analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analysts Set New Price Targets

TM has been the topic of several research analyst reports. StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a research note on Monday, April 14th. They issued a "market perform" rating for the company. Finally, CLSA lowered shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold".

Toyota Motor Company Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.